From: "rolf hertenstein" <rolfh@mindspring.com>
Subject: [CANSLIM] down vs. up volume
Date: Sat, 7 Sep 2002 12:05:45 -0600
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A couple of months ago I heard somebody somewhere (sorry for the lack of specifics - can't remember) mention that previous 'big' bears had several days with down volume on the NYSE trumping up volume by an order of magnitude. Thus far, we'd had none, and that somebody took it as a sign that we had not had 'final' capitulation. I noted last Tuesday's dump had down/up volume > 10; the first such day I'd seen. I conclude nothing from this - just found it as a noteworthy data point. Rolf - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email.
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